Archives for EMU

The euro is pulverising European democracy. It is destroying democracy not only in Greece but in all other members of the euro zone. It is also destroying people’s hopes for a real democracy at the European level. It has caused a huge rift from north to south and between the crisis-ridden Euro Zone and EU… » read more

The euro, once billed by Gerhard Schröder as the most important step towards European integration, celebrates its 10th birthday in June. Since its conception in Maastricht and its 1998 birth, it has come a long way—but what challenges now face the Economic and Monetary Union (EMU) as it moves towards maturity? The euro’s first decade… » read more